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Home My WebLink About0197 ~ . ' , . i . ~ ' ~ 5. To pix~ ~nd tw+ttnuoutly kfap on ths buildinpt now or h~reaft~r ~itu~t~ on ~~td i~nd ~nd on ~II ~qvipmenl •nd parsor~elty covsr~d by tht~ mort{r p~, wlth ~ii,Q~amlunu thtreon paid tn fuR~ ifr~ l~ivrtr+c~ in tl+~ utus) ~t~ncl~rd pol(cy ic~rm, in ~ tum ~pproved by ths MORTGAGEE, end wir~ciil~m lnsw~nce in 1ltit usu~) eufda~d policy f.x~, in •~vm approved by tha AM1ORTGAGEE, In ~uth tompany or companics ~t 1M MORTGAGfE may dkact~ and •11 tk• ant! wlndstorm I~tura~v polkie• on ~ny of iotd txi(Idinqi, ~ny (nteres~ therein or put thereof, In IM aQqreQste sum iforts~M ~ ~ txctq It~wf, tMll contaln fM uava! iiandard matpepee ct~use w iuch o~her cl~us~ aa tM Morlps9e• may ~equits~ m+kinp Ihe los• under ~aid polb dt~, ~ich ietid ~v~~y, payabl~ ro utd MQRTGAGEE s~ ib interest may appaar, and e+ch sod overy wch po~Ecy shell ba promptly ~t~:flned and de~iverad to ~ny Mld by tNd NWRiGAGEE ~s f~rthet srturTty to t~td marigap~ dabt, end, not los~ than ten ()0) d+ya In advenc~ of the expir~ilon of each policy, fo da llvtt fo uid MORTGAGEE a renaws) fhereof, topotha~ with a retetpt fot ihe premtum of ~uch t~ne~walj and there ~hsll be no fire or tivindstorm In~u~+nce pl~t+d on any af •sid bulldinp~, •ny intere~t tbertl~ o~ F+art thereof, uniess in the form a~d wNh 1ha io~~ payabte a• sfores+idt and in the evsnt any wm of mor~y bacomef psyible under such policy or polktet taid MORTGAGFE ?hsil havo iM optlon ro roce(ve and epply the •sme on accovnt ot 1ha i~debted- n~i• s~cured hrreby w to permif fsid MORTGAGORS lo ~eteive and vis it a eny parl therzof for othcr pvrpofet, without thereio~ watvinq or in,pair- k+p +oy eqvity, (tan w ri9h1 under or by virtus of thia mortgage~ and tn ~he event taid MORTGAGORS shal! for any reato~ fall to keep Ihe seid premtse~ io tnsured, or fall to deliver promplly any of said policie~ oi insvrante to •eld MORTGAGEE, ar faii p~omptly to pay futly any premium thcretor or tn any reipect fail ro perfwm, di~charge, execute, affett, tomplete, compiy wlth and abido by this covenanr, or any part hereof, satd NiORTGAGEE may ptace and p~y fo+ such tni~ranc~ or •ny part thereol weithout w~fviny a afFectiny eny optiort, Iten, equfry, or right under or by vlrtue of thts Mor~gage, and the full arrw~nt of esth and evo~y ~uch paymenl •hsll bo immcdiately due and payable •nd shali 6aar Interes~ from tha data thereof ~mil patd et the rate ol ntnt per antum ~er annum end toge~her wflh ~uch Interost :hall be se.cvred by the Iten of tht~ matgaqe. 1. To p~rmit, oommtt or suffer no waste, Impairment oe dele~toration of s~id prope~ty or sny part ihereof. ' 5. To pay all and ~tnquiar the co~t~, tharpes and expenus, tnciuding a ree:anabta attorney'i fee end tosla of ab~uactt of titie, Incvrred or pald at ?ny ttme by saJd MORiGAGEE, b~cause w in tho evenl of the failure on the part of the •ald MORTGAGOR to d~ly, promptly •nd fully psrfor~?, dischar~e, ~xetvts, •ffad, tomplete, tomply with and ~bide 6y eath and every tM itipulalion~, agreamente, conditlon~, end tove~anti of said promissc+ry nota arcd i~U mortp+9• •ny or either, and siid costs, tharges and expe~s~ei, eash and every, ihall be Immediately due and payabla; whethar or not thare be nollce da mand, ettempt to coilcct w tvit penciingj and the fuil amounl oF each and evary such payment thall beer Interest from the dats thereoi until paid at th~ nle of oine per centum ptr am~umj and all iatd costs, charges and expenses tnevrred or patd, togetM~ with wch lntere~?, thsll setvrad by 1M lian of thU ~0+9~• b. il~at in the event of ~ny bro:ch of this Mortyaqe dr defa~lt on the part of the MORTGAGOR, or (b) In tM evenf ~ny of ~atd wms of money hef~etn nfarr~d to be not promptly •nd fvlly paid wtthi~ thirty (30) dsys nexl aftar ths tamt severally become dve and paysble, without dema~d or ~otice, F_~ er (c3 G+ ttw went each and evary the stipulationi, agreem~nt~, conditlans and covonmt• of wid promt:sory note snd thia mortpaye •ny a aither ara not ~uly, prompyy and tulty pe~formed, dischsryed, exetvted, elfacted, compteted, complied wilh and abided by, than tn either or any ~uch avent tha •aid ag 9reyab wm ~nsntioned In iaid promtssory not• then ramatniny ~npaid, with tnferast accrued, ~nd alt moneys secuted haraby, •haN become du~ and pari •ble fwthwlth, or thereaftor, a! !h~ op~ion of taid MORTGAGEE, a• fully and completely as 11 al~ of the sald sum~ of monsy were wi9lnally ~lipulued ~ /o bs paid on ~uch day, ~nythiny in said promiuory note w In Ihli Mortya9a to ths cor~lrary natwithsl~ndinq~ and thereupon a theraafts~ ~t the option of aM MdRTGAGEE, without ~otk~ or demand, suit ~t law or ln equlty, thsrefore w there~fter beyun, may be prosecuted sa 3f +II mortey~ iecured hereby had maturad priot to itt tnstitutlon. 7. TMt In 1M event that et the begTnning of or ~t ooy t!ma pendiny •ny auif upon tht~ AAortgaqe, or to faeclose it, or to reform it, or to enfora ` p~ymsnt of •~y clstmf hereunder, ~atd MORTGAGEE ihall apply to tha CouM havtny (urisdiction tha~eo: for the a ppoi~tment of ~ Recetvsr, avch Covrt shal! Forthwith appoint a receiver of ald r»o?tgsged prop~ny dl and iing~lar, Including all and sinqul~r ths income, profiti, I~s~es ~nd revenues irom whstever wurce d~rlved, eich and every oF wh3ch, it bei~ expre~sly vr~der~tood, 1~ hereby morlgsgcd as if tpetiflully ~~t forlh and deac~ibed tn tM qranltny and S~ ha6~ndum claus~t hercof, u~d s~tf~ Reteiver shall hava •N Iho brwd and effecrive functiom and powcri In anywisa entrusted by ~ Couri to ~ Retelvtr, ~nd tuch appolntment shall be made by such Co~rt a• en adrtiitted eqsrily and a matter of ~bsolute ?ight to wld MORTGAGEE, and wiihout toferencs to 1Fw sdeqwcy or loaciaqwcy of th~ valw of the properly mortyaged ar to the iotvency a in:olvancy of seid NWRiGAGOR a th~ defendants, and that svch ~ rQnb, profiri, income, issve: and rtvenvei thal) bs applfed by :uch Receiver Dccord;ry to the~ lien or aqulty of uld MOttTGAGEE snd tM practite of ~uch - Coutt. . ~ 8. To duly, promptly and fullr p~rform, discharQe, ~xecvts, effed, cortplets, comp~y wi?h u?d abide by sach and ewry the slipul~tton~, agreerr»nti, ~ COfld11IOfl} ~ COYQMfl13 in a~id promlosory note and this mwtgtge tet forth. ~ _ 9. That In tM ev~m the ownenhtp of the rtwr~p~qed ptemises, or any pa?t tF~ercof, becoma vesled ln • ptnon otMr th~n ths MORTG~4GOR, th~ MORTGAGEE, Its wccesson +nd sisigni, msy, withovt eotice fa the MORTGAOR, deal with such ~vcce~sor w wcce~sor tn tniersit with rFftrence to this matga~e and the debl hereby tecured in the same manner with Mortga9w without (n ~~r way vtii~tinp a diuhu~tnp the Mortgagor~' Nabilitr herr under or upon the debt her~by s~cvred. Mp sals o! fhe p?emises hereby monga9ed and no fabe+rarxa on tF» parf ot tM MORTGAGEE w H~ evccessors - ors u axiqru snd no extansion of the time for the payment of the debt hereby ~ec~red qiven by Iho MORTGAGEE or Itt wcceuon a~r a~signi, ~hall op~ratt to rtlassr, di~charge, modify chanpe or ~ftect the oriqtnat iiability of titie MORTGAGOR htr~in, eitMr 1n whols a ln psrt. 10. It b specifkalty agreed that time ts of the casencs of thf: contract +nd that rw w~tva of any obligetton hereunder a of tl~s o6lty~tion ~e- , curtd hereby shall ~t ~ny time theraafter be held to be a wdver of the term~ hereof u of tM InstrvmeM tecured h~rby. : 11. In addition to the forcgo:ng monthly paymentt of princ:pal and intrrest requirtd by tha promisary note ~etvred hereby, mortgagor co~anant~ ar?d agrees to pay to mortgsgee with each monthly psyment an additiona! sum estimated by mortys~ee to bs aqval fo f/12 of the annva! cost of the follow- ' In4c " A-All rsa! propsrty taxes lavied or aiio~sed aflainst the above detuibcd re~l estate. " B-Premiums on fire and windstorm ins~rsnce as herein requ;red to be carried on the lmptavtmenh situafs o~ the ~bave desuibsd pnrtttse~. ~ C-Premiums on wch mortgafle gwranty lntur~nce ss mortgagra shsll from time to tim~ deem fN to urry on tha b+n ~ecured Mreby. hAwtyaqee ihall from time to time notify mwtgagor in writing of the amount dva and paysbf~ Mreundrr end sucb aum shall iheraupon be dus ~r~ , pay+ble on tho due date of the next monthly payment and each successiva month there+fter vntil mutgpee ~haU netify mortgayor of a chanps ln wch amount. S~ch sums ~h~ll be applied by moftgagee to~~rard the payment of real propeAy taxes, In~Vr+nce prsmiums, and matgsge yuar~nty inwnncs pramtutna. WiTNESb W F, tha t~id MORTGAGQR h+: hereunto set hts hand snd ieal tfie day ~nd yea~ flnt sforasatd. - i9 • and e (n ti~e ptesenca of~ ~ • 1 i I i ~ in . " ~~t ~ ' _ n . - ~.,.n - STATE Of FLORIDA ' ~ • courmr of Saint Lucie ~ . ~ ' ~ . , . e.ra. ~~«„i~r ,~,..,,~a ~Tehn E_ Mes a'~ ~k ~ - a~d _ nl ve S~, Af e~ 9 i nk hts wH~, ro ms"w~ll known and known ro m~ fo b~ : th~ k~dtvidwb dewibad In ~nd who ~xecut~d th~ forpoi Inst~rt~i , w~d oclu+owl~dp~d btfon rtw that tM~r executsd tlr ~arn~ for iin purpasa Ma~.u, .xpr.i,ed. Ar,a ~n. N~d Ol iv e. S. ~9 s s 1 C K ~ wlf~ of tM ~aid sr0~ ~ • aid ~xamk+atwa br m~ tak~n separ~h ~nd ~part hom ha ~aid hvaband. ~o~dped to ar?d brfan en~ tiut oxstut~d saW ~~h n~ ly and v~olun- ; • farily and wtthout any campulsion, c«»tr~Int, ~ppre or f~sr of a from h~r ~fd Mieband. . WITNESS my M~d and offki~t tsil thi . day of ~Q v ~ /1, D. 19 !'~~E? . ~ ~_~-7... . ,~~0(,j~ Ndt~ry Pubtk In ~++d for th~ Sl~ts of Florfde 4aQ~ , % ~ . , ~ ~ i ~ ~ ~ Mr Car~tit~ton ~xpiraa~ ~ q YOt` ' s~' ~ Z~. s ~ ~?a '[~.r~U.,~,i~w~a',tro:~ t~? ~ = ; a ~ fllE AND RECO ri:~ fO"'~~~'~~Of~' : ~~~K ~~Y Ps~Wk, State oi Fforida at i~+ ; ~ ; - s ; - INY Comm~sston Expires AAriI 24~ 196 ~5 • ~ 4~`G ~ q Bonded by Amerlcan Suro : ~ ; ; 3: 02 , ~ . . 1964 HOY I 6 ~M ' ~.~~l~.. , r'' Y pV v r . ~ L I r ~ r 'y ~ , . ~ ~ . TRAS C~.L?tK` C~i,•• ' ~ n . ~~'l~,o~ F~~~~~~;•`' ROGER POt • . . ' . . St. LUCIE COUP~jY. FLORIDA: f,. = _ ~ ~ = . , //~J/ / i _ ~ i j • 4 « - ~ . . . : . - . ~~S• .lt~ ~ . ~ - ~ • ~ ~ . ~ 1~^~JLC~%~~~'^~ " 1 ~ y~ : ~ t r ~ . ~ ` . r . _ . . ~ . •i n : : ~ t . : , ~ • ~ •~•h-~ ! `~l ~ ~ _ . . • , . . ~ ~ ' . ~ v'~ . . - , i! . ~q 51 Y . = - . ~ - ' ' ~ ~ ~~~19'1` . a~~ : ~.d _ _ - ~